Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Mercer County, Pennsylvania
Every institution that decided a 1–4 unit mortgage application in Mercer County, home to Hermitage, between 2023 and 2025: 6,539 applications, 4,865 loans actually funded, across 8 kinds of borrowing.
Mercer County at a glance
6,539Applications decided
2023–2025
4,865Loans funded
74% of decisions
35Census tracts
13 ZIP codes
109,852People
ACS 2023
What the data shows
The typical purchase mortgage here is $155K.
Lending by loan type in Mercer County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 88.1% | 2,639 | $155K | 97% | 187 |
| Home improvement loans | 67.7% | 1,558 | $55K | 97% | 69 |
| Cash-out refinance | 67.8% | 867 | $115K | 93% | 82 |
| Refinance | 73.9% | 1,090 | $85K | 96% | 79 |
| Investment property purchase | 78.3% | 235 | $105K | 94% | 68 |
| Investment cash-out refinance | 70.6% | 34 | $75K | 96% | 23 |
| Investment refinance | 51.8% | 56 | $85K | 90% | 23 |
| Investment home improvement | 61.7% | 60 | $75K | 92% | 22 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.